Using MYOB or KEYPAY
Joanne Spiteri
Trusted Bookkeeper for Small Business | Cashflow Specialist | Certified BAS Agent and Advisor | DIY Resources and Training Now Available: linktr.ee/allaccounted4bookkeeping
As we know Single Touch Payroll (STP) Phase 2 is being rolled out.
If you're using MYOB or Keypay, (connecting to STP2 is on pause .?Will let you know when the connection is back working again).
?It's important that this is set up in your software after you complete the 2021-2022 Income Statements.
If you are using Xero, the story is a little different.
Xero is not quite ready for the complete transition to STP Phase 2.??
Their role out will be carried out in three stages.
Stage 1 will be ready in late August.
The first part of the process will be using the employee transition tool, to update existing employee records to capture relevant STP Phase 2 items.?
What do we need to check with Stage 1?
?? Update employment type for each employee
?? Update the Income type of each employee
???Make sure we have the employment basis right, eg full-time, part-time or casual
?? Allocate the appropriate PAYG sale.
More information will be available in the next few weeks.
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2 年This is great.